April 23 -- Kudos to the New Mexico Public Regulation Commission for finally plugging into the correct calculation – for the state, utilities and ratepayers – on renewable energy sources.
It took three tries. In November the PRC awarded double credits for each kilowatt-hour of solar generation and triple credits for sources like geothermal and biomass to make it less expensive for utilities to comply with diversity requirements. But that equation masked the real amount of renewable energy being generated. >>View Article